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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: ajtj99 who wrote (40052)3/12/2002 12:16:46 PM
From: mishedlo  Read Replies (2) of 99280
 
Took my profits Aj.
Scaled out but would have done better to sell the QQQ puts at the open. Did very slightly better scaling out of MSFT.

Back to flat except for a few housing puts and well underwater DJX septs's

Was a nice gain for me (by my standards) wish I had more conviction darn it, and loaded the boat.

So much for those who thought we would delta hedge up.
There was no reason for it AFTER a huge runup.
They just manufactor a downgrade of MSFT and voilla.
That is all it takes.

M

M
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